07/29/2022
Credit traders who quit for fintech "dream team" return to trading
The company still exists as a legal entity, but all but two of the 26 staff have left and found other jobs.
Comment & Analysis
07/29/2022
Payments FinTech FinLync Teams With Workday Ventures
With this partnership, FinLync hopes to power Workday Financial Management with more than 100 pre-integrated bank API connections to banks worldwide.
07/27/2022
OCC solicits research on implications of fintech for banking
Submitted papers must represent original and unpublished research.
07/27/2022
Should US banks be moving to next-generation core banking platforms?
Most banks will need to view their systems strategically and technically to decide their path forward.
07/22/2022
Can private equity have their cake and eat it too?
One of the most-discussed topics within the space is around the democratisation of private assets.
07/21/2022
Data Management and AI Automation Tools Are the Top Investment for Financial Firms, Broadridge Survey Finds
57% of respondents confirm financial firms still have progress to make, before they reach the advanced stages of innovation and technology efforts
07/19/2022
Fintech valuations fall by half a trillion
This has also led more investors to quesiton the untested business models and lack of profits at some fintechs, consequently cooling the investor sentiment around the sector.
07/18/2022
Fintech valuations fall by half a trillion
Analysis from the Financial Times has shown that the share price of listed fintechs has dripped by 50% so far this year
07/15/2022
Revolut surpasses 20 million customer milestone on seventh anniversary
The UK remains the company's biggest market with 4.2 million customers, more than double the two million users in its next second largest market, Romania.
07/15/2022
IA calls for greater stewardship are pointless without digitisation
Report will not eradicate issues
07/12/2022
Big Bank Tech Advantage Slows Innovation and Decreases Competition
Advanced information technology, investment in automation and the accumulation of proprietary data and insights are allowing the largest financial institutions to dominate the banking ecosystem, argues James Bessen from Boston University.
07/06/2022
Active crypto users have plummeted 50%: Bank of America survey
According to the data, only around 33,000 clients transacted crypto for the first time in May, which represents an 87% decline compared to October 2021.
07/04/2022
Kuwait-Based Islamic Bank Enters the Metaverse
The bank will also focus on absorbing emerging technologies and artificial intelligence
06/28/2022
Designing better APIs for modern treasuries
Building an API is relatively straightforward; building a thoughtful set of APIs on a strong technical platform is challenging and expensive. Goldman Sachs sheds light on their own experience
06/28/2022
Amount lays off 18% of staff as fintechs feel economic pinch
Other factors have been impacted too, including share prices and company valuations.
06/24/2022
The $200k banking technology jobs remaining unfilled for months
Collectively, banks have a need for thousands of people to work across cloud roles as they transform their businesses.
06/23/2022
Renowned "Bubble Predictor" And Founder Of $70 Billion Investment Firm Reveals Why "Dot-Com Crash Was Paradise Compared To Now"
The investor sees just the opposite dynamic today.
06/21/2022
The Crypto Crash: all Ponzi schemes topple eventually
Earlier this past week, Bitcoin dropped 15% over 24 hours to its lowest value since December 2020.
06/20/2022
Coping with the cost of living: how open banking can build financial resilience
Whilst some consumers are turning to personal finance experts for sorely needed advice, a crucial puzzle-piece is not being spoken about enough: open banking.
06/20/2022
BlackRock's Nigel Bolton is betting on banks despite recession worries
Cautious on tech and consumer stocks